Yonkers Arts Inc
Nonprofit profile at a glance
- EIN
- 800229446
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-N 2020
- Location
- Yonkers, NY, USA
- Phone
- 9142194946
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $545,307
- Expenses
- $551,818
- Assets
- $15,543
- Liabilities
- $45,300
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JULIE COUSENS (CO-PRESIDENT)
- ADAM SHULTZ (CO-PRESIDENT)
Highest reported compensation
- EVAN BISHOP (SECRETARY): $43,200 total reported compensation
- ADAM SHULTZ (CO-PRESIDENT): $8,400 total reported compensation
- MARCUS JOHN (BOARD MEMBER): $1,375 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Yonkers arts's mission is to develop a strong, effective, and cooperative network of artists, cultural organizations, and members of the community which in turn will help to promote and encourage the arts in the city of yonkers. The organization is committed to serving the community that supports it through offering creative and educational workshops, offering a performance hall and gallery space for local artists to showcase their work and honoring the work of all artists, businesses and community members.
What it reported doing in 2025
Offering creative and educational workshops, offering a performance hall and gallery space for local artists to showcase their work and honoring the work of all artists, businesses and community members.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 27th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 2.91; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 24% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 19.7% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: -52.7% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 97.3% of revenue deployed · 96.1% of spending went to programs
- Governance: 11 of 12 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $530K in reported program spending
- Leadership: top reported pay $43K · 12 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.